I JOKED ON FRIDAY that Congress and the President would do a debt deal because they are long stocks, and they want the “people” to have a good holiday on Monday. It is such a charade and a big Ponzi scheme. It will end badly. I suspect then the “people” will turn on them with a vengeance in the near future. I would not want to be a politician in 4 years.
Then this,
One market letter reported that everything from poverty to common diseases could become a thing of the past because of new technology. While the report could have been from last week, it was from March 2000—just a little off on its prediction. The current predictions about AI curing all ills will be off too.
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